HOMEWEB APPSCREENERRESOURCESTerms of usePrivacy policyCookie policyData disclaimerFAQHelpAbout usCOMMUNITYLinkedInRedditTwitterFacebookBlog

RWJ ETF ANALYSIS

Popular ETFs

S&P 500 ETF Trust

Nasdaq-100 Index Tracking ETF

Dow Jones Industrial Average ETF

iShares Russell 2000 ETF

iShares MSCI Emerging Markets ETF

Financial Select Sector SPDR Fund

Show Prices:
Reverse Chart:
RWJ ETF FUNDAMENTALS
RWJ ETF PERFORMANCE

RWJ ISSUER

The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is managed by Invesco, a leading global investment management firm. Invesco is known for its broad range of investment products and its commitment to providing innovative solutions to meet the diverse needs of investors. Established in 2008, RWJ seeks to track the performance of positive revenue-producing constituent securities of the S&P SmallCap 600 Index. With a focus on small-capitalization companies in the U.S. equity market, RWJ utilizes a revenue-weighted methodology to offer investors exposure to this segment of the market while emphasizing companies with strong revenue streams.

RWJ DIVIDEND

While the main focus of the Oppenheimer Small Cap Revenue ETF (RWJ) is not centered on dividends, it mirrors the dividend distribution of its underlying index, the S&P SmallCap 600 Revenue-Weighted Index. Dividend eligibility is determined by the revenue-generating nature of constituent securities. Distributions typically follow a quarterly schedule and are influenced by the dividend policies and performances of the small-capitalization companies within the index. As RWJ follows a revenue-weighted methodology, investors seeking exposure to small-cap companies with strong revenue streams may find it appealing for potential dividend returns alongside capital appreciation.

RWJ TRACKING

Tracking the S&P SmallCap 600 Revenue-Weighted Index lies at the heart of the Invesco S&P SmallCap 600 Revenue ETF's investment strategy. RWJ aims to replicate the performance of positive revenue-producing constituent securities within the S&P SmallCap 600® Index, which consists of approximately 600 small-capitalization companies in the U.S. equity market. Unlike traditional market-cap weighted indices, the S&P SmallCap 600 Revenue-Weighted Index utilizes a revenue-weighted methodology, allocating weights to each constituent based on its trailing four-quarter revenues. RWJ employs a full replication approach, investing in all securities within the index in proportion to their weights, offering investors exposure to a diversified range of small-cap companies.

RWJ CORRELATION

The correlation aspect of the Invesco S& SmallCap 600 Revenue ETF (RWJ) is essential for understanding its behavior concerning the broader small-cap segment of the U.S. equity market. Since RWJ tracks the S& SmallCap 600 Revenue Weighted Index, its correlation with small-cap stocks is expected to be significant. Investors often utilize RWJ's correlation data to assess its performance relative to other small-cap ETFs and gauge market trends within the small-cap segment. ETF Insider's web app provides a comprehensive tool for studying correlations, offering deep insights and visualizations that help investors make informed decisions about RWJ and other US ETFs.

RWJ SECTOR

The RWJ ETF (RWJ) primarily focuses on small-capitalization companies within the U.S. equity market. Approximately half of the RWJ ETF is invested in industrials, financials, and healthcare sectors. This sector concentration aligns with the underlying index's emphasis on positive revenue-producing constituent securities of the S&P SmallCap 600® Index. By employing a revenue-weighted methodology, RWJ offers exposure to companies with strong revenue streams, providing investors with a diversified approach to small-cap investing. However, investors should be aware that this concentration may lead to increased volatility and sector-specific risks.

RWJ EXPOSURE

The Oppenheimer Small Cap Revenue ETF (RWJ) provides exposure to the small-cap segment of the U.S. equity market, with a focus on positive revenue-producing constituent securities of the S&P SmallCap 600® Index. Unlike traditional market-cap weighted indices, RWJ follows a revenue-weighted methodology, emphasizing companies' revenues over their market capitalizations. With holdings ranging from $222.1 million to $6.5 billion as of October 31, 2023, RWJ offers investors access to a diversified portfolio of small-cap companies with a focus on revenue generation. For in-depth analysis of RWJ's exposure and to uncover insights into its holdings, investors can utilize ETF Insider's web app, which offers comprehensive data visualization tools, including overlap and correlation analysis.

ETF Insider is a data-driven portfolio analytics and optimization platform that introduces a more efficient and practical way to visualize, analyze and optimize portfolios.

Rather than focusing on the surface-level attributes of ETFs and Mutual Funds, ETF Insider goes deeper by examining the underlying holdings of exchange traded products.
By organizing and structuring that data, investors can easily navigate within their overlapping layers.

This innovative perspective combined with modern data visualization and modeling tools, provides an entirely new approach to portfolio optimization that can quickly expose both portfolio inefficiencies and opportunities.

BLOG ARTICLES

What is the FIHD ETF ?
Blog book icon4 min read
By Ron Koren ETF Insider

What is the FIHD ETF ?

The FIHD ETF (Future of Industrial Hemp Development Exchange-Traded Fund) is a pioneering investment opportunity that enables investors to participate in the promising potential of the industrial hemp industry. This ETF aims to track the performance of companies engaged in the cultivation, processing, and utilization of industrial hemp for a wide range of applications, including textiles, food, healthcare, and sustainable materials. Discover the transformative impact of the FIHD ETF in shaping the future of this rapidly expanding and environmentally significant sector.

Learn MoreArrow right
What is the ISHG ETF?
Blog book icon4 min read
By Ron Koren ETF Insider

What is the ISHG ETF?

The ISHG ETF is a specialized investment fund that focuses on global companies in the relevant sectors. This exchange-traded fund offers investors exposure to a diverse range of innovative and cutting-edge companies engaged in advancements in the industry. Discover the potential growth opportunities and risks associated with investing in this dynamic sector through the ISHG ETF.

Learn MoreArrow right
ETF with Netflix Inc. and Regeneron Pharmaceuticals Inc. Exposure (Nasdaq)
Blog book icon5 min read
By Ron Koren ETF Insider

ETF with Netflix Inc. and Regeneron Pharmaceuticals Inc. Exposure (Nasdaq)

The ETF with Netflix Inc. and Regeneron Pharmaceuticals Inc. Exposure (Nasdaq) exposure provides investors with an opportunity to diversify their portfolio while gaining insight into the performance and potential of Netflix Inc. and Regeneron Pharmaceuticals Inc. Exposure (Nasdaq). This ETF offers a comprehensive view of the company's standing in the market, its historical performance, and future prospects.

Learn MoreArrow right
View All Blog ArticlesBlog arrow right

FREQUENTLY ASKED QUESTIONS

How can I invest in the RWJ ETF?
Question Arrow
How does the RWJ ETF operate?
Question Arrow
How has the RWJ ETF performed historically?
Question Arrow
What is the RWJ ETF?
Question Arrow
What sectors does the RWJ ETF cover?
Question Arrow
Who manages the RWJ ETF?
Question Arrow

GET STARTED NOW!

No Credit Card Required
Full Data Protection
Overlap And Correlation
Insightful Visualization
Impactful Drill-Downs
Real-Time Data Feeds
Full Coverage For The U.S.

ETF Insider is a novel portfolio optimization tool that uses the power of data visualization to gain insight into portfolio compositions, concentration risks, portfolio efficiency and more. Complex financial data can be transformed into visually appealing and easily digestible graphs and charts, allowing investors to quickly identify trends and make well-informed investment decisions. Not only does this save time, but it also increases the accuracy and effectiveness of portfolio management.